- Rain now supports Solana, Tron, and Stellar blockchains for its crypto VISA card service.
- Developers can launch branded crypto cards using stablecoins across these new networks.
- The expansion aims to enable stablecoin spending globally, covering activities like grocery shopping and cross-border payments.
- Stablecoin payment volumes reached an annualized $72.3 billion in February, according to Artemis.
- Rain claims to be the only Visa Principal Member offering multi-chain card issuance through a single API.
Rain, a platform that allows users to spend stablecoins through a Visa card, announced support for the Solana, Tron, and Stellar blockchains. Companies building on these networks can now easily offer their own branded payment cards, allowing users to spend digital dollars wherever Visa is accepted.
The company’s update lets developers issue cards connected to both custodial (centralized) and non-custodial (user-controlled) wallets. Users can pay with stablecoins for everyday needs—such as groceries, sending business payments, or transferring money internationally. Demand for stablecoin-powered card products is rising, according to Rain, which raised $24.5 million in a Series A round in March.
"The move makes it easier for partners to launch stablecoin-powered card programs that work globally and for many types of payments," the company stated in a press release. Stablecoins are digital tokens designed to hold a steady value by being tied to government-backed currencies. Artemis data shows stablecoin payments reached an annualized $72.3 billion in February.
Rain says it is the only Visa Principal Member offering direct multi-chain card issuance, allowing developers to use one interface for global payments. The company already supports Arbitrum, Optimism, and Polygon, and the three new networks were selected for their transaction speed (Solana), focus on international payments (Stellar), and high stablecoin usage (Tron).
Current applications include KAST, built on Solana—which issues cards linked directly to users’ wallets for instant spending—and Offramp, using Tron, which is launching cards in Latin America to widen access to U.S. dollar transactions. The latest move highlights how blockchain technology and stablecoins are being adopted for routine financial activities.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- BIS: Stablecoins Now Third Largest Buyers of US Treasury Bills
- Bitcoin Nears $112K High as JD Vance Predicts 100M US Holders
- Ripple’s Hidden Road Launches Crypto OTC Swaps for US Institutions
- Korea Emerges as Key Test Ground in Central Bank vs Stablecoin Race
- Bybit Secures Austria Crypto License Under EU MiCA Rules